EXK vs. AP

Last updated Jun 3, 2026

EXK (Endeavour Silver Corp.) and AP (Ampco-Pittsburgh Corporation) are both stocks. EXK operates in Other Precious Metals & Mining (Basic Materials), while AP operates in Metal Fabrication (Industrials). Over the past 10 years, EXK returned 11.03%/yr vs -1.72%/yr for AP. At a 0.15 correlation, their price movements are largely independent.

Performance

EXK vs. AP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Endeavour Silver Corp. (EXK) and Ampco-Pittsburgh Corporation (AP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EXK achieves a 4.79% return, which is significantly lower than AP's 119.70% return. Over the past 10 years, EXK has outperformed AP with an annualized return of 11.03%, while AP has yielded a comparatively lower -1.72% annualized return.

EXK

• 1D: 0.82%
• 1M: 7.07%
• YTD: 4.79%
• 6M: 6.60%
• 1Y: 148.11%
• 3Y*: 45.16%
• 5Y*: 7.01%
• 10Y*: 11.03%

AP

• 1D: 4.37%
• 1M: 11.84%
• YTD: 119.70%
• 6M: 327.37%
• 1Y: 237.46%
• 3Y*: 54.58%
• 5Y*: 11.39%
• 10Y*: -1.72%

*Multi-year figures are annualized to reflect compound growth (CAGR)

EXK vs. AP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EXK Endeavour Silver Corp.	4.79%	156.83%	85.79%	-39.20%	-23.22%	-16.27%	109.13%	12.09%	-10.04%	-32.10%
AP Ampco-Pittsburgh Corporation	119.70%	155.02%	-23.44%	8.76%	-49.80%	-8.76%	82.06%	-2.90%	-75.00%	-25.10%

Correlation

The correlation between EXK and AP is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (5Y) Calculated over the trailing 5-year period	0.12
Correlation (10Y) Calculated over the trailing 10-year period	0.09
Correlation (All Time) Calculated using the full available price history since Apr 27, 2006	0.15

Fundamentals

Market Cap EXK : $3.22B AP : $236.98M
EPS EXK : -$0.07 AP : -$3.37
PS Ratio EXK : 4.84 AP : 0.55
PB Ratio EXK : 5.00 AP : 7.57
Total Revenue (TTM) EXK : $608.35M AP : $433.03M
Gross Profit (TTM) EXK : $142.61M AP : $53.11M
EBITDA (TTM) EXK : $88.85M AP : $20.56M

Return for Risk

EXK vs. AP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EXK

EXK Risk / Return Rank: 84
EXK Sharpe Ratio Rank: 87
EXK Sortino Ratio Rank: 81
EXK Omega Ratio Rank: 80
EXK Calmar Ratio Rank: 88
EXK Martin Ratio Rank: 86

AP

AP Risk / Return Rank: 90
AP Sharpe Ratio Rank: 93
AP Sortino Ratio Rank: 89
AP Omega Ratio Rank: 85
AP Calmar Ratio Rank: 92
AP Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EXK vs. AP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Endeavour Silver Corp. (EXK) and Ampco-Pittsburgh Corporation (AP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	EXK	AP	Difference
Sharpe ratio Return per unit of total volatility	1.98	2.83	-0.84
Sortino ratio Return per unit of downside risk	2.44	3.14	-0.69
Omega ratio Gain probability vs. loss probability	1.31	1.36	-0.05
Calmar ratio Return relative to maximum drawdown	4.15	5.69	-1.54
Martin ratio Return relative to average drawdown	9.33	12.56	-3.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EXK vs. AP - Sharpe Ratio Comparison

The current EXK Sharpe Ratio is 1.98, which is comparable to the AP Sharpe Ratio of 2.83. The chart below compares the historical Sharpe Ratios of EXK and AP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EXK	AP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.98	2.83	-0.84
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.10	0.15	-0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.16	-0.02	+0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	0.01	+0.05

Drawdowns

EXK vs. AP - Drawdown Comparison

The maximum EXK drawdown since its inception was -92.11%, smaller than the maximum AP drawdown of -98.06%. Use the drawdown chart below to compare losses from any high point for EXK and AP.

Drawdown Indicators

	EXK	AP	Difference
Max Drawdown Largest peak-to-trough decline	-92.11%	-98.06%	+5.95%
Max Drawdown (1Y) Largest decline over 1 year	-41.64%	-50.80%	+9.16%
Max Drawdown (3Y) Largest decline over 3 years	-62.24%	-80.96%	+18.72%
Max Drawdown (5Y) Largest decline over 5 years	-80.64%	-88.92%	+8.28%
Max Drawdown (10Y) Largest decline over 10 years	-81.13%	-95.90%	+14.77%
Current Drawdown Current decline from peak	-30.24%	-69.69%	+39.45%
Average Drawdown Average peak-to-trough decline	-58.21%	-52.22%	-5.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.53%	23.01%	-4.48%

Volatility

EXK vs. AP - Volatility Comparison

The current volatility for Endeavour Silver Corp. (EXK) is 23.82%, while Ampco-Pittsburgh Corporation (AP) has a volatility of 27.25%. This indicates that EXK experiences smaller price fluctuations and is considered to be less risky than AP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EXK	AP	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.82%	27.25%	-3.43%
Volatility (6M) Calculated over the trailing 6-month period	55.73%	67.59%	-11.86%
Volatility (1Y) Calculated over the trailing 1-year period	75.69%	85.80%	-10.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.18%	74.42%	-6.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	69.09%	72.62%	-3.53%

Dividends

EXK vs. AP - Dividend Comparison

Neither EXK nor AP has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AP Ampco-Pittsburgh Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.45%	2.69%	7.02%
EXK Endeavour Silver Corp.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

EXK vs. AP - Profitability Comparison

The chart below illustrates the profitability comparison between Endeavour Silver Corp. and Ampco-Pittsburgh Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

EXK - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Endeavour Silver Corp. reported a gross profit of 93.30M and revenue of 209.70M. Therefore, the gross margin over that period was 44.5%.

AP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ampco-Pittsburgh Corporation reported a gross profit of 0.00 and revenue of 103.13M. Therefore, the gross margin over that period was 0.0%.

EXK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Endeavour Silver Corp. reported an operating income of 83.70M and revenue of 209.70M, resulting in an operating margin of 39.9%.

AP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ampco-Pittsburgh Corporation reported an operating income of 2.56M and revenue of 103.13M, resulting in an operating margin of 2.5%.

EXK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Endeavour Silver Corp. reported a net income of 64.90M and revenue of 209.70M, resulting in a net margin of 31.0%.

AP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ampco-Pittsburgh Corporation reported a net income of -867.00K and revenue of 103.13M, resulting in a net margin of -0.8%.

Frequently Asked Questions

Can I hold both EXK and AP in my portfolio?

EXK and AP have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EXK or AP?

AP has higher volatility (27.25%) compared to EXK (23.82%). In terms of maximum drawdown, EXK dropped -92.11% vs AP's -98.06%.

Which has better risk-adjusted returns?

AP currently has the higher Sharpe Ratio (2.83 vs 1.98), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.